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Test Bank for Operations and Supply Chain Management: 2024 Release Evergreen by Stevenson, Kull

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  • Course
  • Operations MGMT
  • Institution
  • Operations MGMT

Test Bank for Operations and Supply Chain Management: 2024 Release Evergreen by William J Stevenson and Thomas Kull. Full Chapters are included with Answers. 1 Introduction to Operations Management 2 Competitiveness, Strategy, and Productivity 3 Forecasting 4 Product and Service Design ...

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Document information

  • July 6, 2024
  • 684
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

Subjects

  • operations
  • supply
  • chain
  • management
  • 2024
  • release
  • evergreen
  • stevenson
  • kull
  • 9781265322342
  • test bank
  • exam bank
  • practice quizzes

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  • Operations MGMT
  • Operations MGMT

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Content preview

Test Bank for Operations and Supply Chain Management: 2024 Release Evergreen by
Stevenson, Kull

Answers Included ✅
Chapter 01 2024 Release Stevenson
1) Operations managers are responsible for assessing consumer wants and needs and selling and
promoting the organization's goods or services.
⊚ true
⊚ false



2) Often, the collective success or failure of companies' operations functions will impact the
ability of a nation to compete with other nations.
⊚ true
⊚ false



3) Companies are either producing goods or delivering services. This means that only one of the
two types of operations management strategies are used.
⊚ true
⊚ false



4) Operations, marketing, and finance function independently of each other in most
organizations.
⊚ true
⊚ false



5) The greater the degree of customer involvement, the more challenging the design and
management of operations.
⊚ true
⊚ false



6) Goods-producing organizations are not involved in service activities.
⊚ true
⊚ false




1

,7) Service operations require additional inventory because of the unpredictability of consumer
demand.
⊚ true
⊚ false



8) In for-profit organizations, the value of outputs is measured by the prices customers are
willing to pay for goods or services.
⊚ true
⊚ false



9) The use of models will guarantee the best possible decisions.
⊚ true
⊚ false



10) People who work in the field of operations should have skills that include both knowledge
and people skills.
⊚ true
⊚ false



11) Assembly lines improved productivity by using interchangeable parts and craft production.
⊚ true
⊚ false



12) The operations manager has primary responsibility for making operations system design
decisions, such as system capacity and location of facilities.
⊚ true
⊚ false



13) The word "technology" is used only to refer to "information technology."
⊚ true
⊚ false




2

,14) "Value added" by definition is always a positive number since "added" implies increases.
⊚ true
⊚ false



15) Service often requires relatively greater labor content when compared to manufacturing.
⊚ true
⊚ false



16) Measurement of productivity in service is more straightforward than in manufacturing since
it is not necessary to take into account the cost of materials.
⊚ true
⊚ false



17) Specialized machinery or equipment is a common way of offering increased customization in
manufacturing or services without taking on additional labor costs.
⊚ true
⊚ false



18) Most people encounter operations only in profit-making organizations.
⊚ true
⊚ false



19) Service typically involves a much higher degree of customer contact than manufacturing.
⊚ true
⊚ false



20) A systems approach emphasizes interrelationships among subsystems, but its main theme is
that the whole is greater than the sum of its individual parts.
⊚ true
⊚ false




3

, 21) The Pareto phenomenon is one of the most important and pervasive concepts that can be
applied at all levels of management.
⊚ true
⊚ false



22) Operations managers, who usually use quantitative approaches, are not really concerned with
ethical decision making.
⊚ true
⊚ false



23) The optimal solutions produced by quantitative techniques should always be evaluated in
terms of the larger framework.
⊚ true
⊚ false



24) Managers should most often rely on quantitative techniques for important decisions since
quantitative approaches result in more accurate decisions.
⊚ true
⊚ false



25) Many operations management decisions can be described as trade-offs.
⊚ true
⊚ false



26) A systems approach means that we concentrate on efficiency within a subsystem and thereby
assure overall efficiency.
⊚ true
⊚ false



27) Prior to the Industrial Revolution, goods were produced primarily by craftsmen or their
apprentices using custom-made parts.
⊚ true
⊚ false




4

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